Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 GUNVER LANE is a midsized extended detached house of 119m², built sometime between 1996 and 2002. It was last sold for £340,000 in December 2021, which was around 30% below the average December 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for 1 GUNVER LANE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the four 1 GUNVER LANE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2021 14 DEC | £340,000 | £483,120 | 30% below HPI |
2015 13 NOV | £245,000 | £383,698 | 36% below HPI |
2006 12 JAN | £184,000 | £250,250 | 26% below HPI |
1999 11 JUN | £85,950 | £114,102 | 25% below HPI |
The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The four 1 GUNVER LANE sales between June 1999 and December 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2015 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the December 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.
1 GUNVER LANE is 119m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the smallest 50% of detached houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses by size in Milton Keynes, and where 1 GUNVER LANE lies on this distribution: 46% of detached houses are smaller than 1 GUNVER LANE, and 54% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
1 GUNVER LANE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 1 GUNVER LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 GUNVER LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
1 GUNVER LANE is located in TATTENHOE, in the MK4 postcode district. The below map shows the position of No. 1 on GUNVER LANE.